Have you bought platinum bullion through GoldRepublic? Then you can sell it back to us safely and easily at any time you like.
There can be various reasons why you might want to sell your platinum. Perhaps you want to take profit after a rise in the platinum price. Or you expect the platinum price to fall in the short term and want to free up liquidity temporarily. It could also be that you want to adjust the composition of your portfolio, for example by partially switching to gold or silver.
Whatever your reason: at GoldRepublic you always benefit from a buy-back guarantee on the platinum you have purchased through us.
At GoldRepublic, selling platinum is simple and completely transparent. Thanks to our buy-back guarantee you can always sell the platinum you have bought from us back to us at the price offered at that time, based on the current platinum price.
Step 01
Log in to your GoldRepublic account.
Step 02
Choose the amount of platinum you want to sell.
Step 03
Confirm the sale at the current price.
Step 04
After the transaction, you can have the amount transferred to your account.
When you sell platinum via GoldRepublic, you can choose from different types of sell orders:
Selling your platinum bullion back to GoldRepublic? You'll receive the current platinum bid price, which is slightly lower than the market price.
You pay 1% transaction costs on the sale of your platinum. This amount is deducted automatically, after which the remaining balance is credited to your GoldRepublic account. You can reinvest this in other precious metals or have it paid out directly to your bank account.
The selling price of platinum continuously follows the international platinum market. This is driven by demand and supply, which are strongly influenced by industrial and economic developments. At GoldRepublic, we always apply fully transparent pricing, so you receive a fair and up-to-date price.
As with gold and silver, there is a difference between the buying price and selling price of platinum, known as the spread. This arises from:
As a result, you receive slightly less than the current price when selling, and pay slightly more when buying.
Have you also purchased gold and/or silver via GoldRepublic in addition to platinum? The buyback guarantee also applies to selling gold and selling silver, provided you purchased these precious metals via GoldRepublic.
The difference between buy and sell price is called the spread. It represents dealer margin and transaction costs applied to the current market price.
Many platforms only buy back platinum originally purchased and stored through them to ensure authenticity and quality. Otherwise, you may need a specialist dealer.
No VAT is charged when selling platinum as a private individual in the UK. However, CGT may apply on profits.
The best selling price is typically achieved when industrial demand is strong and the global spot price is high.
The selling price is driven by global demand (especially automotive and hydrogen industries), supply constraints, dealer margins, and transaction fees.
You can sell safely through reputable UK dealers or platforms offering secure, transparent pricing and insured storage.
Yes, many providers allow selling small quantities (often from 1 gram), though fees may still apply.
Whether to sell now depends on your financial goals and market outlook. Ongoing supply shortages may support prices, but timing remains uncertain.
After selling, funds are typically credited to your account immediately and transferred to your bank within 1–2 working days, depending on your bank.
Open an account for free and discover how easy it is to trade physical bullion with GoldRepublic
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